Today, we have shortlisted 11 Canadian stocks across sectors which have registered positive earnings surprise by beating the consensus earnings estimates of analysts polled by Bloomberg during the first quarter of 2014. These stocks have reported strong growth in sales and earnings during the quarter with strong operating margins and provide high return on equity (ROE). We note that during the past three months, a majority of these stocks have accumulated gains with daily average trading volumes in excess of 100,000 shares.
|
Company Name |
Exchange |
Ticker |
Market Cap |
Last Price |
Average Volume |
Price Change |
Sales Growth* |
Sales Surprise |
EPS Growth* |
EPS Surprise |
Operating Margin* |
Return On Equity |
|
Linamar Corp |
LNR |
TSX |
3,996.9 |
61.69 |
234,969 |
2.7% |
23.2% |
+6.9% |
64.0% |
+25.9% |
10.5% |
20.2% |
|
Tricon Capital Group Inc |
TCN |
TSX |
711.4 |
7.85 |
377,539 |
1.6% |
195.6% |
+53.6% |
52.2% |
+83.3% |
77.2% |
18.5% |
|
Raging River Exploration Inc |
RRX |
TSX |
1,936.6 |
10.80 |
1,151,537 |
7.1% |
136.3% |
+2.6% |
250.0% |
+18.2% |
50.0% |
18.4% |
|
Questor Technology Inc |
QST |
TSXV |
111.0 |
4.35 |
320,461 |
9.0% |
86.9% |
+4.4% |
76.5% |
+7.1% |
29.6% |
17.2% |
|
Canadian Energy Services & Technology Corp |
CEU |
TSX |
2,282.8 |
33.67 |
349,252 |
3.8% |
54.9% |
+7.1% |
70.6% |
+6.5% |
13.5% |
13.9% |
|
Emera Inc |
EMA |
TSX |
4,832.9 |
34.01 |
327,152 |
-0.1% |
64.6% |
+48.8% |
53.8% |
+45.5% |
30.2% |
13.7% |
|
Sandvine Corp |
SVC |
TSX |
518.4 |
3.45 |
504,954 |
-5.2% |
26.0% |
+8.9% |
341.7% |
+42.9% |
24.7% |
13.6% |
|
CCL Industries Inc |
CCL/B |
TSX |
3,569.5 |
103.16 |
103,422 |
-1.5% |
67.7% |
+10.3% |
52.5% |
+25.1% |
13.5% |
11.9% |
|
Western Energy Services Corp |
WRG |
TSX |
820.6 |
11.07 |
281,744 |
3.8% |
64.7% |
+9.3% |
40.0% |
+9.0% |
25.1% |
8.7% |
|
Strad Energy Services Ltd |
SDY |
TSX |
183.7 |
4.93 |
101,375 |
10.8% |
16.0% |
+7.7% |
266.7% |
+33.3% |
10.6% |
6.5% |
|
Algonquin Power & Utilities Corp |
AQN |
TSX |
1,679.8 |
8.12 |
682,651 |
-0.5% |
77.7% |
+21.0% |
77.8% |
+25.0% |
16.1% |
3.9% |
Source: Bloomberg
* As per latest reported quarter (Q1’14)
Company Description:
Linamar Corp (TSX: LNR)
Linamar Corporation manufactures precision machine components, assemblies, and castings primarily for the automotive industry. The company also sells to the defense and aerospace industries. Linamar manufactures engines, transmissions, drivelines, steering, suspension components, and brake components.
Tricon Capital Group Inc (TSX: TCN)
Tricon Capital Group, Inc. is a North American real estate asset manager and principal investor with a primary focus on the residential sector.
Raging River Exploration Inc (TSX: RRX)
Raging River Exploration Inc. is an oil and gas exploration company. The company is focused on unconventional viking light oil play of the Dodsland area in western Saskatchewan.
Questor Technology Inc (TSXV: QST)
Questor Technology Inc. develops environmental technologies for use primarily by the oil and gas industry.
Canadian Energy Services & Technology Corp (TSX: CEU)
Canadian Energy Services & Technology Corporation, through subsidiaries, designs and delivers drilling fluid systems used to drill oil and natural gas wells.
Emera Inc (TSX: EMA)
Emera Inc. provides diversified energy and services through its subsidiaries. The company supplies electric generation, transmission, and distribution in Nova Scotia, Canada. Emera also delivers bunker oil, diesel fuel, and light fuel. In addition, the company delivers Sable Island natural gas to markets in Maritime Canada and the northeastern United States.
Sandvine Corp (TSX: SVC)
Sandvine Corporation develops and markets broadband network management tools for broadband Internet services providers.
CCL Industries Inc (TSX: CCL/B)
CCL Industries Inc. supplies manufacturing services and specialty packaging products for the non-durable consumer products market. The company provides formulation and manufacturing services, labels, aluminum and plastic specialty tubes, containers, and closures to marketers of cosmetic, personal care, pharmaceutical, household, and specialty food products.
Western Energy Services Corp (TSX: WRG)
Western Energy Services Corp. is an oil field services company. The company’s services include coiled tubing services, well testing, and down-hole tool rentals.
Strad Energy Services Ltd (TSX: SDY)
Strad Energy Services Ltd. offers oilfield services. The company rents drilling equipment and provides production services to the oil and natural gas industry in Canada and the United States.
Algonquin Power & Utilities Corp (TSX: AQN)
Algonquin Power & Utilities Corp. owns and has interests in a diverse portfolio of renewable power generation and sustainable infrastructure assets across North America. The company’s interests include renewable energy facilities, thermal energy facilities, and water distribution and waste-water facilities.
